secwatch.observer — SEC 8-K summary
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Issuer:     Atlassian Corp (TEAM)
CIK:        0001650372
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001650372-24-000023
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Atlassian Q4 revenue $1.13B (+20% YoY); co-CEO Scott Farquhar steps down, CSO leaving
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- Q4 GAAP net loss $196.9M ($0.76 EPS loss); non-GAAP net income $171.4M ($0.66 EPS).
- FY2024 revenue $4.4B (+23% YoY); free cash flow $1.416B, first >$1B.
- Co-founder and co-CEO Scott Farquhar stepping down from co-CEO role, will remain on board as special advisor.
- Chief Sales Officer Kevin Egan leaving at end of August; search for new CRO underway.
- Customer count surpassed 300,000; customers spending >$1M/yr up 48% to 524.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650372/000165037224000023/0001650372-24-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650372/000165037224000023/team-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001650372-24-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer